Aegir hosting system for drupal

Hi, just saw this on the twittersphere and was intrigued. Michael, is this at all related to what you were working on a few months back?

http://groups.drupal.org/aegir-hosting-system

Aegir is a set of Drupal modules that helps you maintain your Drupal sites.
It does this by providing you with a simple Drupal based hosting front end for your entire network of sites. To deploy a new site you simply have to create a new Site node. To backup or upgrade sites, you simply manage your site nodes as you would any other node.

What do I need to run Aegir?

• A system capable of running Drupal: This system is entirely Drupal based, and has the same base requirements that Drupal does.
• A unix based operating system: The majority of functionality in this system occurs in the back-end, through command line scripting. There are also several features (such as symlinks), that are not available to users on Windows. There are no plans currently to add windows support.
• Your own server: The level of access required to be able to configure this system is very far beyond what is commonly available to users with shared hosting.